ESG格付の乖離が企業の透明性と開示慣行に与える影響
The Consequences of ESG Rating Divergence on Corporate Transparency and Disclosure Practices (原題)
Nayla Zahiya Syifa, Yusnaini Yusnaini
🤖 gxceed AI 要約
日本語
ESG格付の乖離が企業の透明性・開示慣行に与える影響を、2022〜2026年の国際論文20本の体系的レビューで検討。格付機関の評価手法・指標・重み付け・データ源の違いが乖離を生み、情報の混乱と投資家判断への影響を招く一方、企業に開示強化・透明性向上・説明責任の拡充を促すことが示された。開示品質・サステナビリティデータへのアクセス・ガバナンス強化が乖離縮小の鍵とされる。
English
A systematic literature review of 20 international papers (2022-2026) examines how ESG rating divergence affects corporate transparency and disclosure. Divergence stems from differing agency methodologies, indicators, weightings, and data sources, causing information confusion and shaping investor views. Yet it also pushes firms to strengthen disclosure, transparency, and accountability, with reporting quality, data access, and governance as key mitigants.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
SSBJ基準の導入や有報・統合報告書でのサステナビリティ開示義務化が進む日本では、格付機関間の評価乖離は投資家対応と開示戦略の実務課題。日本企業が格付を意識した開示設計を迫られる文脈に直結する。
In the global GX context
Amid ISSB/CSRD-driven harmonization, rating divergence remains a live issue for global disclosure scholarship: it shows how market-side fragmentation (ratings) interacts with regulatory standardization (ISSB, SEC climate) and shapes corporate reporting incentives.
👥 読者別の含意
🔬研究者:ESG格付と開示行動の因果関係を扱う研究の出発点として、乖離要因と企業対応の整理に有用。
🏢実務担当者:格付機関ごとの評価差を踏まえ、開示の一貫性・データ品質・ガバナンス体制の強化に活用できる。
🏛政策担当者:格付手法の透明性やサステナビリティデータ基盤整備の政策的必要性を示唆する。
📄 Abstract（原文）
This study aims to examine the consequences of ESG rating divergence on corporate transparency and disclosure practices using a Systematic Literature Review (SLR) approach. Twenty papers that satisfy the inclusion criteria are identified, screened, and subjected to content analysis as part of the study's investigation of international journal articles published between 2022 and 2026 and indexed in Scopus, Sinta and Garuda. The findings show that variations in rating agencies' evaluation techniques, indicators, weighting schemes, and data sources lead to ESG rating divergence, which can lead to information confusion and impact investor views in the capital markets. In order to lessen information asymmetry and boost stakeholder trust, the literature demonstrates that variations in ESG ratings motivate businesses to strengthen disclosure policies and increase openness. Reducing rating inconsistencies is found to be mostly dependent on improved ESG reporting quality, more access to sustainability data, and more robust governance structures. Additionally, corporations are driven to improve sustainability disclosure and openness by external forces like market surveillance, regulatory rules, and stakeholder expectations. Overall, the results indicate that ESG rating divergence offers corporate reporting both opportunities and challenges. While rating discrepancies may raise uncertainty, they also encourage businesses to strengthen transparency, improve disclosure quality, and increase accountability in sustainability reporting practices.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.61536/escalate.v4i02.476first seen 2026-09-17 04:58:11
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。